Oddbean new post about | logout
▲ ▼
e8db72e7 | 13 days ago (raw) | root | parent | reply | flag 
 Genuine questions: 

- how? Aust. Banks continuously blocking the movement of fiat to bitcoin exchanges?
- ATO is viscous: your government digital id required, bitcoin tracked, etc
- Nostr not really at the point of replacing something like the education volume on YouTube (think of the chilllllldren)
- nostr will be banned, just like other platforms?
▲ ▼
rwphotos | 13 days ago (raw) | root | parent | reply | flag 
 I'll go in reverse order;
- nostr isn't like an app that's controlled by a company. It's a protocol and anyone can build on it. So it's impossible to ban, it'd be at best a game of whack a mole
- agree, not yet the same volume. But things can grow very fast in this digital age. 
- banks can block access yet people are still finding ways. At the moment, not all banks have blocked access, credit unions allow access and some companies have ways that allow you to transfer without banks knowing what the transfer is for. There's also local or p2p ways to transact
- as for the ATO, if you have a bitcoin economy things may change but for now there are still plenty of options (eg/ you can get tax free loans out against your btc if you want to "cash" some out)
▲ ▼
e8db72e7 | 12 days ago (raw) | root | parent | reply | flag 
 Agree with the whack a mole, understood re whack a mole.

The govt is starting with broad strokes. First we start with the poorly planned MAD bill and ban for <16 year olds.

Then we find work arounds with VPNs and Nostr…so the government does what in retaliation?

Rather than hiding on Nostr, we should be loud on all platforms before it’s too late (imo).